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作者:Christensen, BJ; Lentz, R; Mortensen, DT; Neumann, GR; Werwatz, A
作者单位:Aarhus University; Boston University; Northwestern University; University of Iowa; University of Potsdam
摘要:The article structually estimates an on-the-job search model of job separations. Given each employer pays observably equivalent workers the same but wages are dispersed across employers, an employer's separation flow is the sum of an exogenous outflow unrelated to the wage and a job-to-job flow that decreases with the employer's wage. Using data from the Danish Integrated Database for Labour Market Research, the empirical results imply, as predicted by theory, that search effort declines with ...
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作者:Cardoso, AR; Portugal, P
作者单位:IZA Institute Labor Economics; Universidade do Minho; Universidade Nova de Lisboa; IZA Institute Labor Economics
摘要:How does a typically European bargaining system, with collective bargaining and national minimum wage, coexist with low unemployment and high wage flexibility? A unique data set on workers, firms, and collective bargaining contracts in Portugal is used to analyze the determinants of both the contractual wage and the wage cushion ( difference between contractual and actual wages). The results indicate that the wage cushion stretches the returns to worker and firm attributes, whereas it shrinks ...
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作者:DellaVigna, S; Paserman, MD
作者单位:University of California System; University of California Berkeley; National Bureau of Economic Research; Hebrew University of Jerusalem
摘要:Workers who are more impatient search less intensively and set lower reservation wages. The effect of impatience on exit rates from unemployment is therefore unclear. If agents have exponential time preferences, the reservation wage effect dominates for sufficiently patient individuals, so increases in impatience lead to higher exit rates. The opposite is true for agents with hyperbolic time preferences. Using two large longitudinal data sets, we find that impatience measures are negatively co...
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作者:Kuhn, P; Weinberger, C
作者单位:University of California System; University of California Santa Barbara
摘要:Controlling for cognitive skills, we find that men who occupied leadership positions in high school earn more as adults. The pure leadership-wage effect varies, depending on definitions and time period, from 4% to 33%. This effect is not an artifact of measurement error in cognitive skills or differences in a wide array of other physical or psychological traits. High school leaders are more likely to occupy managerial occupations as adults, and leadership skills command a higher wage premium w...
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作者:Ziliak, JP; Kniesner, TJ
作者单位:University of Kentucky; Syracuse University
摘要:We estimate the incentive effects of income taxation in a life-cycle model of consumption and labor supply without intratemporal strong separability. We find that consumption and hours worked are direct complements in utility; both increase with a compensated increase in the net wage. The compensated net wage elasticity is about 0.3, nearly double estimates for U. S. men from a linear labor supply specification. Estimated intertemporal elasticities indicate significant intertemporal smoothing ...
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作者:Bollinger, CR; Chandra, A
作者单位:University of Kentucky; National Bureau of Economic Research; IZA Institute Labor Economics; Dartmouth College
摘要:It is common practice to use sensible rules of thumb for cleaning data. Measurement error is often the justification for removing (trimming) or recoding (winsorizing) observations where the dependent variable has values that lie outside a specified range. We consider a general measurement error process that nests many plausible models. Analytic results demonstrate that winsorizing and trimming are solutions for a narrow class of error processes. Indeed such procedures can induce or exacerbate ...
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作者:Lluis, S
作者单位:University of Minnesota System; University of Minnesota Twin Cities
摘要:This article measures the importance of job level assignment based on comparative advantage and learning about workers' ability in explaining intrafirm wage and mobility dynamics using survey data from the German Socio-Economic Panel. The results reveal the importance of nonrandom selection of workers into the rungs of the firm's job ladder. Measured and unmeasured ability play important roles in workers' rank assignment, with unmeasured ability being more important at higher levels of the hie...
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作者:Lazear, EP
作者单位:Stanford University
摘要:The theory below is that entrepreneurs must be jacks-of-all-trades who need not excel in any one skill but are competent in many. A model of the choice to become an entrepreneur is presented. The primary implication is that individuals with balanced skills are more likely than others to become entrepreneurs. Using data on Stanford alumni, the predictions are tested and found to hold. Those who have varied work and educational backgrounds are much more likely to start their own businesses than ...
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作者:Kaushal, N
作者单位:Columbia University
摘要:The Personal Responsibility and Work Opportunity Reconciliation Act denied legal noncitizens who arrived in the United States after August 1996 access to means-tested federal benefits for the first 5 years. However, using state funds, a number of states restored some of the benefits. I use this state-level policy variation to study whether newly arrived immigrants make location decisions on the basis of benefit eligibility and generosity. I find that safety-net programs have little effect on t...